Standard Lithium presents plan targeting South West Arkansas investment decision by Q1 2027
SLI•SLI•SLI•SLI•Standard Lithium targets a final investment decision on South West Arkansas by Q1 2027, with $1.45 billion in capital expenditure and planned annual capacity of 22,500 metric tons. The company has secured a $225 million Department of Energy grant and says binding offtake agreements exceed 80% of the project’s capacity.
Standard Lithium targets a final investment decision on its South West Arkansas project by Q1 2027, followed by two to three years of construction. The project targets annual lithium carbonate capacity of 22,500 metric tons and capital expenditure of $1.45 billion; financing efforts target roughly $1.1 billion in project debt, and a $225 million Department of Energy grant is secured. Binding offtake agreements with LG Energy Solution and Trafigura exceed the target of 80% of the project’s capacity.
Standard Lithium’s Franklin project targets annual lithium carbonate capacity of 70,000 metric tons, with potential first commercial production in the early 2030s.
